Fair Market Rent · Indiana
Fair Market Rent in Montgomery County, IN
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Montgomery County is $1,046 a month, +8.3% from FY2026. Montgomery County is part of the Montgomery County, IN (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $895 | $802 | +11.6% | $806–985 |
| 1 bedroom | $900 | $807 | +11.5% | $810–990 |
| 2 bedrooms | $1,046 | $966 | +8.3% | $941–1,151 |
| 3 bedrooms | $1,351 | $1,281 | +5.5% | $1,216–1,486 |
| 4 bedrooms | $1,459 | $1,399 | +4.3% | $1,313–1,605 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Montgomery County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 47916 | Alamo | $1,110 | – | – |
| 47933 | Crawfordsville | $1,110 | $900 | $849 |
| 47940 | Darlington | $1,010 | $698 | $784 |
| 47954 | Ladoga | $1,090 | $983 | $698 |
| 47955 | Linden | $1,120 | $646 | $735 |
| 47965 | New Market | $1,100 | $880 | $931 |
| 47967 | New Richmond | $1,170 | – | $875 |
| 47968 | New Ross | $1,250 | – | $1,069 |
| 47989 | Waveland | $1,010 | – | $483 |
| 47990 | Waynetown | $1,200 | $925 | $1,116 |
| 47994 | Wingate | $1,100 | $613 | – |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.